article thumbnail

Risk Management Process- Part 1: Overview

Zerto

To determine your organization’s risk appetite (the amount of risk it is willing to accept to realize its objectives), you need consensus from leadership and all stakeholders. The aim of this framework isn’t to eliminate all risk but to ensure that the organization makes smart risk decisions that retain and increase enterprise value.

article thumbnail

Staying Prepared for an Approaching Storm

Disaster Recovery

Fill all vehicles to more than half their fuel capacity during the hurricane season. Purchase insurance for your property, including coverage that protects against flood damage. Maintain an inventory of all items at home – devices, appliances, precious items, apparel etc. Stocking up all vehicles on fuel.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. BCP requires collaboration across the entire organization and the participation of all business units and departments. Business Continuity is not a data backup.

article thumbnail

Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

We all live in an unpredictable world. Business Continuity should be one of the top priorities for all organization leaders, and response plans should be implemented in organizations of all sizes. BCP requires collaboration across the entire organization and the participation of all business units and departments.

article thumbnail

Everything You Need to Know About Business Continuity Plans

Erwood Group

For small businesses, it is common to have just one all-encompassing plan. One important thing to know is that the Business Continuity Plan should contain all the information required to implement the processes and strategies to perform the business functions contained in the plan. Insurance Contact Information.